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Williams-Sonoma announces $0.57 quarterly cash dividend

December 13, 2024 9:10 am
Williams-Sonoma Inc (NYSE: WSM) said on Thursday that its Board of Directors had authorized a quarterly cash dividend of $0.57 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on February 21st to shareholders of record as of the close of business on […] Read more

Sonic Automotive purchases Audi New Orleans

December 13, 2024 7:36 am
Sonic Automotive Inc (NYSE: SAH) said on Thursday that it had acquired Audi New Orleans, located in Metairie, Louisiana. The firm bought Audi New Orleans from the Bohn Brothers Automotive Group, which has an extensive history of automotive dealership operations in Louisiana. “It’s an honor to continue the tradition of offering high-quality automotive sales and […] Read more

EUR/CHF scales 2 1/2-week peak as SNB delivers 50bp rate cut

December 12, 2024 8:52 am
The EUR/CHF currency pair registered a fresh 2 1/2-week high on Thursday, after the Swiss National Bank delivered a larger rate cut than expected in December and ahead of the outcome of the European Central Bank’s policy meeting later in the day. The SNB slashed its key policy rate by 50 basis points to 0.5%, […] Read more

Spot Gold holds gains near five-week high after US CPI

December 12, 2024 8:02 am
Spot Gold was holding recent gains on Thursday, while trading in proximity to a fresh five-week high, after the latest US inflation data reinforced the case for a December rate cut by the Federal Reserve. Data showed yesterday that US annual CPI inflation had accelerated to 2.7% in November from 2.6% in October, in line […] Read more

USD/MYR ticks up with eyes on US inflation report

December 11, 2024 11:49 am
The USD/MYR currency pair traded slightly higher on Wednesday after Malaysian retail sales report and as focus sets on US CPI inflation print that could provide more clues over the Federal Reserve’s monetary easing path. Annual headline consumer inflation in the US probably picked up to 2.7% in November, according to market consensus, from 2.6% […] Read more

CAD/CHF confined in tight range with focus on BoC, SNB

December 11, 2024 9:29 am
The CAD/CHF currency pair edged higher on Wednesday, while moving within a narrow range, as market players were cautious ahead of the outcome of the Bank of Canada’s and the Swiss National Bank’s policy meetings. The Bank of Canada is expected to lower its benchmark interest rate by 50 basis points to 3.25% at its […] Read more

USD/CHF scales 1-week peak ahead of US CPI data, SNB meeting

December 11, 2024 8:07 am
The USD/CHF currency pair extended the gain from the prior trading day on Wednesday ahead of the essential US CPI inflation data that could provide further clues over the Federal Reserve’s monetary easing path and ahead of the outcome of the Swiss National Bank’s policy meeting. Annual headline consumer inflation in the US probably picked […] Read more

EUR/SEK gains with focus on ECB policy decision

December 10, 2024 11:39 am
The EUR/SEK currency pair edged higher on Tuesday, while reversing a loss from the prior trading day, following Swedish GDP data and as focus sets on the outcome of the European Central Bank’s policy meeting on Thursday. The ECB is largely expected to lower its main refinancing operations rate by 25 basis points to 3.15% […] Read more

EUR/NOK eases from 1-month high after inflation data

December 10, 2024 9:41 am
The EUR/NOK currency pair pulled back from a one-month high of 11.7956 on Tuesday, as investors weighed the latest inflation figures from Germany and Norway and as the European Central Bank is expected to set monetary policy later this week. Final data showed on Tuesday that annual consumer price inflation in Germany had been confirmed […] Read more

EUR/CAD scales 1-month high ahead of BoC, ECB meetings

December 10, 2024 7:48 am
The EUR/CAD currency pair scaled a fresh one-month high of 1.4973 on Tuesday, after German inflation data and ahead of the outcome of the Bank of Canada’s and the European Central Bank’s policy meetings this week. Final data showed on Tuesday that annual consumer price inflation in Germany had been confirmed at a four-month high […] Read more